Prime Medicine, Inc.

NGM: PRME
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📈 ZcoreAI Score

Our AI model analyzes Prime Medicine, Inc.'s price action across multiple timeframes using regression channels and statistical scoring.

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About Prime Medicine, Inc.

Healthcare Biotechnology
Prime Medicine, Inc., a biotechnology company, engages in delivering genetic medicines to address the spectrum of diseases by deploying gene editing technology in the United States. Its lead therapeutic product candidate is PM359 for Chronic Granulomatous Disease, which is in Phase 1/2 clinical trial; PM577 for Wilson Disease, that is in preclinical studies; and PM647 to treat genetic disorder caused by mutations in the SERPINA1 gene, resulting in production of misfolded Z-AAT protein that accumulates in the liver and leads to hepatocellular injury, cirrhosis, and increased risk of hepatocellular carcinoma. The company also provides vivo programs targeting diseases of the liver, and Cystic Fibrosis programs. In addition, it offers Prime Editing technology comprising a programmable DNA binding domains, such as Cas domains, are typically modified such that they do not cause a double-stranded break in the DNA, as well as a RT domain that copies the edited DNA sequence directly into the target genomic site where the edit is made; and pegRNA which contains a search sequence, also known as a spacer, which provides a target genomic address for the Prime Editor. The company has a research collaboration and license agreement with BMS; Cystic Fibrosis Foundation; Broad Institute; and Beam. Prime Medicine, Inc. was incorporated in 2019 and is headquartered in Cambridge, Massachusetts.

📊 Fundamental Analysis

Prime Medicine, Inc. demonstrates a profit margin of 0.0%, which is below the sector average, suggesting competitive pressure.

The company recently reported -61.6% revenue growth, which is negative, indicating a recent decline in revenue.

Return on Equity (ROE) is -146.8%, which indicates that capital utilization is currently under pressure.

At a current price of $3.43, PRME currently sits at the 40th percentile of its 52-week range (Range: $1.11 - $6.94).

🏥 Financial Health

🔴 Profit Margin Weak
🔴 Debt/Equity Elevated
🔴 Revenue Growth Weak
🔴 Return on Equity Weak
🔴 Beta (Risk) High Volatility

Key Financials

Market Cap
$619.29M
Trailing P/E
--
Forward P/E
-4.31
Beta (5Y)
2.67
52W High
$6.94
52W Low
$1.11
Avg Volume
2.78M
Day High
Day Low
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